The amount of discount I would give would depend on the cost of specific goods and my profit margin. Yes, giving kickbacks or discounts for goods bought with bitcoin can entice people to use the currency but we must take this promotional step having in mind that the business needs to survive. Every business is sustained by profit that is why we must analyse our business positions before we take any decision. Giving the customer some percentage of my profit for using Bitcoin might be the right step to take, maybe 20 percent of the profit might be  good ideal.

I can't speak from the perspective of someone who sells something, but as a client I can notice that these discounts are mostly between 5-10%. I think that anything less than 5% is quite ineffective in terms of attracting a customer to pay with Bitcoin, especially at a time when the price of BTC is rising and it is more worthwhile to pay with fiat. On the other hand, at least a 10% discount makes sense, especially if it is a service/product that is more expensive and the customer can save a significant amount to spend on something else.

In any case, discounts are something that can at least attract customers to try paying with Bitcoin, so all sellers should think about it in case they have Bitcoin as a means of payment in their online/physical store.

Give 10% I think will already encourage people into buying. There are stores nearby selling clothes and they are encouraging also to pay out digital cash. Digital cash isn't well adopted by the people locally yet so they are also giving about 10%. I came back the next day after installing a digital wallet just to try it.

It's one way you can give back to the community while you also benefit from BTC.

Depends on business type and profit margins. What's the net value of product and what's the pure profit percentage from single sold product? When I buy things online and websites offer crypto payments, usually I see discount between 5-15 percentage. But that's online, haven't seen any discount in real life, nor have I ever used, so don't know actually.
Now look at this old chart from 2013 year and decide how much discount you are gonna offer to customers and how much profit you'll potentially make. ^[Source]


The person above was offering 5% discount on bitcoin payments, I guess he nailed it.
One may ask, why not to buy bitcoin directly with USD but this way you support the network and benefit from it at the same time.

The only reason why I should give a discount for a goods is when they are on promos, and not just for paying with a specific payment method like bitcoin because accepting bitcoin alone is a discount for the customers knowing fully well how secure and fast the trasaction will be and ease of payment.
*highest I can do for a client is to take off the trasaction fees, and that is if I have my bitcoin payment platform with cheaper fees.
*anything other than 0.5% will be at loss for you, and there is no guarantee that your Bitcoin will rise in price the moment you receive payment so the risk is in both ways.

Depends.

...on what product I am selling. (or what service I am offering) If the profit margins are slim, I might even ask a premium for accepting bitcoin because of its volatility. If the margins are great like 30-100%+, then 1-5% discount would be reasonable.

Making discounts is not always a possibility. Working voluntarily for crypto adoption is a good thing but if you can't attract enough customers with the discount you are providing, you are only going to hurt your business.

 

Customers are attracted by big cashback, but the percentage of cashback to be given to customers should be based on the cost of your goods and the profit expected. If you are selling items or goods that allow you to give only 1%, 2%, or 3% off, that is exactly what you must do because you will have to consider your costs first before determining the total discount to give. Since I started accepting Bitcoin as a means of payment, I got some skepticism about this discount stuff, but I have come to realize that customers get easily attracted when they see a big discount like 10% or 20%. For me, I am just offering a 5% discount, but when I first started, I even did less, but due to Sir Lucius's advice, I tried 5% and am getting more customers in because of it.

OP, if you are into business, kindly be aware that you cannot give discounts based on the percentage rate you see others give; always calculate your expected profit, and from there you can decide the percentage value that is good in order not to incur losses when you give excessive discounts.

It depends on what kind of items or food your selling and how much is it because giving like 1% is huge and if you only add some cents on it to profit the youll be lossing. What i plan is you have like lets say $5 discount if you pay bitcoin if your  purchase reach at $50 . Having fixed amount can still gain you profit that getting the percentage on it. But again this depends on the business owners on what kind of promotion they want

The discount given to customers paying in bitcoin will differ on a case-by-case basis. Each businessman will have an individual approach to solving this issue. For some it will be 1%, for others 2% or more. Business likes the bill. Any actions must be thought out, and all costs calculated.

Not without a discount. This is what allows people to be encouraged to pay at btc. You also need to consider the commissions they pay when buying bitcoin. These costs also fall on the shoulders of your customers. Not everyone has been holding btc since 2010. The main argument when buying for bitcoin should be the benefit, the benefit for the buyer. Otherwise, they will not bother buying btc in exchangers, and then buying your goods or services for them. If the use is unprofitable for them, then no bitcoin-enthusiasts will be able to force them to buy for btc.

It depends on the markup.  There is a strategic move where you can give a 50% discount on your time and it is all tied to how much your markup is. 

For example, if I have a product where the capital is around $10  and I am selling it at $50 a piece, I believe I can go to as high as a 30% or even 50% discount to anyone who is paying in form of BTC..